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Announced

Completed

Minsait completed the acquisition of Flat 101.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Spain

Friendly

Completed

Private

Acquisition

Majority

digital marketing

Domestic

E-commerce

Synopsis

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Minsait, a Spanish information technology company, completed its acquisition of Flat 101, a digital marketing and communications company. Financial terms were not disclosed. “With the incorporation of Flat 101, Minsait brings to the market a unique offer to help companies in the redesign, implementation and monitoring of their commercial strategy in a context of liquid channels where interactions flow between them and digital media they play a central role. The pandemic has also irreversibly accelerated the adoption of digital sales models and technological solutions," Silviano Andreu, Minsait Head of business consulting.

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